Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Peugeot Doesn’t Plan to Buy GM Shares Family Member Tells Figaro

PSA Peugeot Citroen doesn’t intend to buy shares in General Motors Co. and the Detroit-based carmaker’s investment in Peugeot will be capped at 7 percent, FFP Chairman Robert Peugeot said in an interview with Le Figaro.

GM won’t get a seat on Peugeot’s board either as the two carmakers will remain competitors, Peugeot also told the newspaper.

Peugeot’s alliance with GM is as strong as its merger with Citroen from a policy perspective and will accelerate the French carmaker’s development outside of Europe, Le Figaro reported Peugeot as saying.

The alliance will provide GM with a long term solution for its presence in Europe, Peugeot added, according to the newspaper.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.